NOT LISTED FOR SALE

6867 N Fessenden St Portland, OR 97203

Saint Johns Neighborhood

Estimated Value: $925,000 - $1,148,000

8 Beds
8 Baths
5,040 Sq Ft
$213/Sq Ft Est. Value

Last Sold October 06, 2021

Last sale price $1,050,000 $208 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $6,963/month

156 Days on Market

Highlights

  • Storage
  • Level Lot
  • 4-minute walk to George Park
  • Washer and Dryer

About This Home

As of October 2021

PRICE REDUCED! Great fourplex w/ LARGE units - (3) 3 bed, 3 bath units and (1) 2 bed, 1.5 bath unit with off-street parking, great access around town, 2 miles to U of P. All bathrooms/kitchens, floors/lights updated within last 4 yrs. Each unit includes: Range, Refrigerator, Washer/Dryer, Electric Water Heater, Dishwasher and one parking space. Please do not disturb tenants. Viewings only with accepted offer. This sweet property is located near parks, restaurants, schools, shopping, and more!

Last Agent to Sell the Property

Amber Clark

The Group Real Estate Services License #951100050 Listed on: 03/05/2021

Last Buyer's Agent

Umasree Sathyasekaran

MORE Realty License #201204950

MORE Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,605

Year Built

  • Built in 1977 | Remodeled

Lot Details

  • 7,492

Home Design

  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • Storage
  • Washer and Dryer
  • Range

Parking

  • Paved Parking
  • Open Parking

Additional Features

  • Level Lot
  • Electric Water Heater

Community Details

  • 4 Units

Listing and Financial Details

  • Rent includes trash collection, sewer, water, ground maintenance

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,605

Year Built

Built in 1977 | Remodeled

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 5040
  • Year Built: 1977
  • Property Condition: Updated/Remodeled
  • Remarks Public: PRICE REDUCED! Great fourplex w/ LARGE units - (3) 3 bed, 3 bath units and (1) 2 bed, 1.5 bath unit with off-street parking, great access around town, 2 miles to U of P. All bathrooms/kitchens, floors/lights updated within last 4 yrs. Each unit includes: Range, Refrigerator, Washer/Dryer, Electric Water Heater, Dishwasher and one parking space. Please do not disturb tenants. Viewings only with accepted offer. This sweet property is located near parks, restaurants, schools, shopping, and more!
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: EAST ST JOHNS, BLOCK 39, LOT 31-33

Exterior Features

  • Exterior Description: Vinyl Siding
  • Lot Size: 7,000 to 9,999 SqFt
  • Roof Type: Composition
  • Foundation Details: Concrete Perimeter
  • Road Surface: Paved

Garage/Parking

  • Parking Description: Open, Paved

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Zoned

Condo/Co-op/Association

  • Unit Features: Range, Refrigerator, Storage, Washer/Dryer

Schools

  • Elementary School: James John
  • Middle School: George
  • High School: Roosevelt

Lot Info

  • Lot Description: Level
  • Zoning: R1

Rental Info

  • Rent Includes: Trash Collection, Sewer, Water, Maintenance Grounds

Tax Info

  • Tax Amount: 11251.97
  • Assessor Parcel Number: R151497
  • Tax Year: 2019

Multi Family

  • Unit Type: 1, 2, 3
  • Number Of Units Total: 4
  • Gross Rent Multiplier: 14.15

MLS Schools

  • Elementary School: James John
  • High School: Roosevelt
  • Middle School: George

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 5, 2021
Closed on
Oct 5, 2021
Sold by
Armstrong Michaele J and Armstrong Simon D
Bought by
Gandikota Gopala Rao and Gandikota Sirisha
Seller's Agent
Amber Clark
The Group Real Estate Services
Buyer's Agent
Umasree Sathyasekaran
MORE Realty
List Price
$1,070,000
Sold Price
$1,050,000
Premium/Discount to List
-$20,000
-1.87%
Current Estimated Value
$1,071,909

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,909
Avg. Annual Appreciation
0.53%
Original Mortgage
$787,500
Outstanding Balance
$719,683
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$352,226

Purchase Details

Closed on
Mar 26, 2021
Sold by
Embarque Llc
Bought by
Armstong Michaele J and Armstrong Simon D

Purchase Details

Closed on
Mar 5, 2021
Sold by
Embarque Llc
Bought by
Armstrong Michaele J and Armstrong Simon D

Purchase Details

Closed on
Dec 18, 2017
Sold by
Armstrong Michael J and Armstrong Simon D
Bought by
Embarque Llc

Purchase Details

Listed on
Aug 29, 2016
Closed on
Nov 22, 2016
Sold by
Bd Lenz Properties Llc
Bought by
Armstrong Michaele J and Armstrong Simon D
Seller's Agent
Ryan Imbrie
SVN - Imbrie Realty LLC
Buyer's Agent
Benjamin Ficker
Keller Williams Sunset Corridor
List Price
$675,000
Sold Price
$675,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.41%
Original Mortgage
$618,131
Interest Rate
3.47%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 22, 2008
Sold by
Lenz Billy R
Bought by
Bd Lenz Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$329,000
Interest Rate
5.41%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Feb 7, 2008
Sold by
Bd Lenz Properties Llc
Bought by
Lenz Billy R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$329,000
Interest Rate
5.41%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Mar 15, 2007
Sold by
L & R Properties Llc
Bought by
Bd Lenz Properties Llc

Purchase Details

Closed on
Mar 12, 1997
Sold by
Lenz Bill R and Reed William C
Bought by
L & R Properties Llc
Source: Public Records

Range of Values:

Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Gandikota Gopala Rao $1,050,000 First American Title
Armstong Michaele J -- None Listed On Document
Armstrong Michaele J -- None Available
Embarque Llc -- None Available
Armstrong Michaele J $675,000 First American
Bd Lenz Properties Llc -- Accommodation
Lenz Billy R -- Accommodation
Bd Lenz Properties Llc -- Pacific Nw Title
L & R Properties Llc -- Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gandikota Gopala Rao $787,500
Previous Owner Armstrong Michaele J $629,000
Previous Owner Armstrong Michaele J $618,131
Previous Owner Lenz Billy R $329,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/06/2021 10/06/21 Sold $1,050,000 -0.9% $208 / Sq Ft
08/08/2021 08/08/21 Pending -- -- --
07/15/2021 07/15/21 Price Changed $1,060,000 -0.9% $210 / Sq Ft
07/03/2021 07/03/21 For Sale $1,070,000 0.0% $212 / Sq Ft
06/18/2021 06/18/21 Pending -- -- --
04/16/2021 04/16/21 Price Changed $1,070,000 -2.7% $212 / Sq Ft
03/05/2021 03/05/21 For Sale $1,100,000 +63.0% $218 / Sq Ft
11/28/2016 11/28/16 Sold $675,000 0.0% $134 / Sq Ft
09/07/2016 09/07/16 Pending -- -- --
08/29/2016 08/29/16 For Sale $675,000 -- $134 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $13,605 $508,490 -- --
2023 $13,605 $493,680 $0 $0
2022 $12,798 $479,300 $0 $0
2021 $12,266 $453,650 $0 $0
2020 $11,252 $440,440 $0 $0
2019 $10,838 $427,620 $0 $0
2018 $10,520 $415,170 $0 $0
2017 $10,082 $403,080 $0 $0
2016 $9,227 $391,340 $0 $0
2015 $8,933 $379,950 $0 $0
2014 $7,040 $368,890 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Amber Clark

    Seller's Agent in 2021

    Amber Clark

    The Group Real Estate Services

    (541) 232-2897

    2 in this area

    46 Total Sales

    Amber Clark
    Section Image
  • Umasree Sathyasekaran

    Buyer's Agent in 2021

    Umasree Sathyasekaran

    MORE Realty

    (503) 360-7058

    1 in this area

    34 Total Sales

    Umasree Sathyasekaran
    Section Image

  • R

    Seller's Agent in 2016

    Ryan Imbrie

    SVN - Imbrie Realty LLC

    Section Image
  • Benjamin Ficker

    Buyer's Agent in 2016

    Benjamin Ficker

    Keller Williams Sunset Corridor

    (971) 235-9561

    56 Total Sales

    Benjamin Ficker
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 21414577

Regional Multiple Listing Service (RMLS)

APN: R151497

Oregon Multnomah County Portland 97203 Saint Johns

6867 N Fessenden St, Portland, OR

This home is located at 6867 N Fessenden St, Portland, OR 97203 since 05 March 2021 and is currently estimated at $1,071,909, approximately $212 per square foot. This property was built in 1977. 6867 N Fessenden St is a home located in Multnomah County with nearby schools including James John Elementary School, George Middle School, and Roosevelt High School.

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